WebJan 11, 2024 · Genting Hong Kong, the owner of Crystal Cruises, Star Cruises and Dream Cruises, is facing an immediate debt payment of US$2.78 billion after its German shipyard filed for bankruptcy this week. Genting Hong Kong’s MV Werften shipyard filed for insolvency on Monday as it ran out of cash during the construction of the 5,000 … WebJun 22, 2024 · Crystal Cruises, one of the modern pioneers in luxury cruise travel, will survive its bankruptcy and liquidation that resulted from the financial collapse of its …
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WebMar 23, 2024 · The high-end travel company bought the Crystal Cruises brand name and its two biggest oceangoing ships, Crystal Serenity and Crystal Symphony, from the liquidators of the old Crystal last year with plans to launch a new line that would use a version of the brand's name. But as is typical in such bankruptcy-related asset sales, it … WebJan 27, 2024 · It said that certain aspects of its business, such as Dream Cruises, would continue; later that day, it put Crystal's oceangoing operations on pause through April 29 and its river cruises on pause ... howard university choir singing
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WebJan 24, 2024 · Crystal Cruises in a statement on Jan. 19 said it was cancelling all ocean sailings through April, due to “recent developments with our parent company, Genting … WebFeb 9, 2024 · "For all intents and purposes, Crystal Cruises is now bankrupt. The chairman of Genting and his chief officer have both resigned." Turen said he is not optimistic about refunds from Crystal at this stage. "There is a long line of entities seeking payments from the court in Bermuda," he said. "This will be a very long process although portions ... WebJun 22, 2024 · It looks like luxury cruise operator Crystal Cruises will rise again. The high-end travel company A&K Travel Group on Wednesday announced it had bought the bankrupt line's brand name and two … how many languages does zinedine zidane speak